Crash

The post Crypto Market Crash: Top Altcoins To Buy This Dip appeared first on Coinpedia Fintech News With the Bitcoin price struggling to hold ground above the $65,000 level, the altcoins experience massive supply pressure. As the top altcoins drop more than 10% within 24 hours, the market is extremely bearish at the moment.  Amidst the sell-off, Coinglass’s liquidation data reveal that almost $500 million worth of long positions were wiped off within 48 hours.   With such an extreme turnaround…

Shiba Inu competitor FLOKI has been one of the best performers this year and continues to maintain a high level in the market. Its price has more than doubled in 2024, prompting an influx of new investments into the meme coin. However, as investors throw money at FLOKI, one analyst expects this increase to be short-lived, predicting a massive price crash for the altcoin. FLOKI Poised For A Rally And Then A Dump Crypto analyst iMoneyTeam has predicted a dump…

Bitcoin (BTC), the largest cryptocurrency on the market, has again taken the lead in the crypto landscape. However, this time it comes with a sense of caution among investors triggered by macroeconomic data, particularly from the United States.  In addition, the resulting outflows of over $600 million from the primary market of the digital asset ecosystem, as reported by asset manager CoinShares, have raised concerns about potential price corrections shortly.  Against this backdrop, renowned analysts and technical experts have weighed…

The post Bitcoin Price Prediction: How Low Might BTC Price Drop This Crypto Market Crash  appeared first on Coinpedia Fintech News With a 1.68% drop in the total market cap of the crypto world, Bitcoin continues to decline with a rise in supply pressure. Despite 90% of Bitcoin HODLers in profit, the downtrend warns of a steady decrease in this percentage.  Further, almost $500 Million worth of long liquidation in the crypto market reveals a strong bearish side. However, 70%…

The post ‘Trap for Investors’ ‘Worst Time for Alts’: Here’s What Analysts Are Saying About Altcoin and Crypto Market Crash appeared first on Coinpedia Fintech News Recently there was a major crash in the altcoin market, with some top altcoins dropping over 40% in the past two weeks. Several narratives are circulating on the internet regarding the possible reasons for this crash. But does this crash signify the end of the bull run? We examined various perspectives from analysts, some…

MATIC price is down over 15% and tested the $0.5150 support. Polygon is slowly recovering, but the bears might be active near $0.5650 and $0.5720. MATIC price started a fresh decline from the $0.6285 resistance zone against the US dollar. The price is trading below $0.570 and the 100-hour simple moving average. There is a key bearish trend line forming with resistance at $0.5720 on the hourly chart of the MATIC/USD pair (data source from Kraken). The pair could recover…

On-chain data shows Bitcoin is approaching the “Realized Price” of the short-term holders, a retest of which has historically been important for BTC. Bitcoin Is Close To Seeing A Retest Of Short-Term Holder Cost Basis In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed how BTC has recently been near the Realized Price of the short-term holders. The “Realized Price” here refers to an on-chain indicator that, in short, keeps track of the average price…

The post Crypto Market on Brink of Massive Capitulation : Top Indicator Predicts Major Crash appeared first on Coinpedia Fintech News Bitcoin (BTC) price closed on a bearish note last week, below $67k after struggling to rally beyond the recent all-time high (ATH). The flagship coin continued with the bearish sentiment on Monday, with the weekly Relative Strength Index (RSI) dropping below 62 percent for the first time since October last year.  The recent Bitcoin drop below 66k has increased…

The post Altcoin crash: Here’s when top coins will revive back from ‘danger zone’ and explode appeared first on Coinpedia Fintech News Popular cryptocurrency analyst Michael Van De Poppe recently took to his latest video and discussed the current state and future of the cryptocurrency market, focusing on altcoins. He said that the altcoin market is highly volatile, capable of sharp increases as well as major corrections, as seen recently. Major altcoins have fallen by over 40% in the last…